A contentious effort to expand audits of the Federal Reserve that sailed through the House despite heavy criticism appears to be picking up steam as the Senate considers broad new financial regulations. […]
The American people have a right to know who has received $2 trillion of their money, and they have a right to have the GAO do an audit about potential conflicts of interest,” Sanders said Tuesday. The Fed has “operated in secrecy forever, and they are now playing a role significantly different than they have in the past. I think the American people want to know what is going on,” [Sanders] added. […]
“I’m looking at it,” Sen. Claire McCaskill (D-Mo.) told reporters Tuesday. “But I think it may have more potential to politicize the Fed than it does opportunity to really change anything that average Americans are looking for.”
In case you don’t remember, Claire McCaskill was Missouri State Auditor before she was elected Senator.
UPDATE: FDL points out that McCaskill voted to audit the Fed last year.